500 Festival Foundation

Mission

The mission of the 500 Festival Foundation is to ensure relevance, reach, and sustainability of the 500 Festival’s mission to enrich lives and foster positive community impact and celebrate the Indianapolis 500.

Ruling year info

1996

President and CEO

Bob Bryant

Main address

21 Virginia Avenue Suite 500

Indianapolis, IN 46204 USA

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EIN

35-1961814

NTEE code info

Youth Development Programs (O50)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Princess Program

The 500 Festival Princess Program celebrates Indiana’s most civic-minded, academically driven young women. Each year, 33 college-aged women are selected as 500 Festival Princesses and serve as ambassadors of the 500 Festival, their hometowns, and their colleges/universities. Serving as a 500 Festival Princess provides young women with once-in-a-life-time experiences and countless opportunities for leadership and professional development. Since the program’s founding in 1959, nearly 2,000 Indiana women have experienced the honor of being selected as a 500 Festival Princess.

Each 500 Festival Princess will participate in the 500 Festival Leadership Development Program, presented by BKD, further empowering participants to make a profound impact within their community and the state of Indiana. In addition, each 500 Festival Princess will receive a $1,000 scholarship.

In the months leading up to May, 500 Festival Princesses are involved with statewide outreach programs, including visits to hospitals, schools and various youth programs. Princesses will attend and volunteer at all 500 Festival events throughout the month of May, are present at various Indianapolis Motor Speedway functions, and participate in the pre-race ceremonies and Victory Circle celebration for the Indianapolis 500.

Population(s) Served
Women and girls
Students

In an effort to fight childhood obesity, the KidsFit Program encourages Indiana youth to be more active and pursue a healthy lifestyle. This fitness program helps spark interest in walking and running, as well as encourages fitness-related activities among Indiana youth and families.

These 10 and 12-week FREE in class curriculums target grades K-6 across the state of Indiana. The 500 Festival has identified and aligned the program’s curriculum activities with the Indiana Department of Education’s Indiana State Academic Standards for Health and Physical Education. Basic items such as jump ropes, cones, and stopwatches are needed to perform the weekly activities.

Population(s) Served
Children and youth

The 500 Festival & Indianapolis 500 Education Program, presented by Indiana University Health, is a free program that immerses Indiana 4th grade students in the world of the Indianapolis 500 and 500 Festival, exploring their important place in Indiana’s history and culture. The Education Program takes place in the spring and is open to all Indiana 4th grade classrooms, providing teachers with engaging lessons and classroom materials. More than a field trip, the Education Program is a combination of in-class curriculum – based on Indiana Academic Standards – and an optional Study Trip to the Indianapolis Motor Speedway or a Mobile Study Trip to your school, bringing the classroom lessons to life.

This award-winning program is an engaging addition to the 4th grade curriculum. The 500 Festival provides lesson plans and student materials to each classroom enrolled in the program, including Indiana standards-based lessons, supporting materials for specific lessons, and an educational video series to compliment the lessons. The lessons meet academic standards for language arts, health, math, science, social studies, visual arts and physical education.

Population(s) Served
Children and youth

The 500 Festival brings its community celebration of the Indianapolis 500 to Indiana families for the 25th annual Salesforce & JPMorgan Chase 500 Festival Rookie Run. Part of Salesforce & JPMorgan Chase 500 Festival Kids’ Day, this non-competitive fun run is designed just for children ages 3 – 10. It is a great way to introduce kids to the basics of running and enjoy the excitement of a race – including the start and finish line production, a massive cheering section, a trip through runner’s service and the occasional celebrity siting!

Population(s) Served
Children and youth

The Salesforce & JPMorgan Chase 500 Festival Kids’ Day is Indiana’s largest free outdoor festival just for kids! On the second Saturday of May, kids take over Monument Circle for a Month of May celebration that’s sized for them. With interactive, educational displays in a carnival-like atmosphere, Kids’ Day gives children the opportunity to stretch their minds and their muscles.

At Kids’ Day you can: participate in drumming workshops, learn Bollywood-style dancing, paint your very own masterpiece, race mini cars, conquer the 500 Festival’s obstacle course, make sashes with the 500 Festival Princesses, and so much more! Kids can also enjoy entertainment at the Salesforce & JPMorgan Chase 500 Festival Kids’ Day Stage, presented by McDonald’s. From The Boom Squad drum line to Ballet Folklorico Mosaicos, there are performances for all interests.

Population(s) Served
Children and youth

The 500 Festival mini-mini is the first and only youth-run to take place at the Indianapolis Motor Speedway. Designed specifically for kids, the 500 Festival mini-mini provides Indiana’s youth – ages 5 through 12 – with an “Indy Mini” experience that’s sized just for them.

Kids participating in the mini-mini experience the larger-than-life fun of a 500 Festival running event – complete with course entertainment, massive cheering sections, participant timing and the coveted mini-mini medal. Five different race distances will be offered, ranging from half a mile to 2.5 miles, allowing participants to select the race that best meets their age and ability. All participants will start from pit lane and will finish at the famed Yard of Bricks.

Population(s) Served
Children and youth

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Financials

500 Festival Foundation
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Compare nonprofit financials to similar organizations

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500 Festival Foundation

Board of directors
as of 2/25/2021
SOURCE: Self-reported by organization
Board chair

Scott Thiems

Gary Aletto

Bright Sheet Metal

Mary Broadbent

The Broadbent Company

John Crisp

Cushman & Wakefield

Ted Dickman

BKD, LLP

Nadine Givens

PNC

David Kosene

Kosene & Kosene Development Company

Connie Lund

OneAmerica Securities, Inc. (retired)

Natalie Roberts

Monarch Beverage

Jerry Semler

OneAmerica Financial Partners

Cindy Skjodt

Civic Volunteer

Al Smith Jr.

Chase Indiana

Betty Stilwell

IU Health (retired)

Scott Thiems

Regions Bank (retired)

Al Wurster

Wurster Construction

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No